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Select a client or yourself. For confidentiality purposes, use a fictitious name.

Make a personal budget, balance sheet and cash flow statement.

prepare down a memo which comprises the given:

A summary of the facts, comprising ages of the client, spouse and dependents; educational background; income status of client and spouse; and two main concerns and goals.

Summary of key items and finding out from the personal budget, balance sheet and cash flow statement.

Recommendations and support for enhancing the financial condition.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M929207

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